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Published on 3/13/2013 in the Prospect News Municipals Daily.

New Issue: North Dakota Public Finance prices $51.38 million capital financing program bonds

By Sheri Kasprzak

New York, March 13 - The North Dakota Public Finance Authority sold $51,375,000 of series 2013 capital financing program revenue bonds, according to a pricing sheet.

The bonds are due 2014 to 2033 with 3% to 4% coupons.

The bonds were sold competitively.

Proceeds will be used to finance capital projects within the state.

Issuer:North Dakota Public Finance Authority
Issue:Series 2013 capital financing program revenue bonds
Amount:$51,375,000
Type:Competitive
Pricing date:March 13
Settlement date:March 27
AmountMaturityTypeCouponPrice
$1,745,0002014Serial3%102.931
$1.81 million2015Serial4%107.231
$1.88 million2016Serial4%110.02
$1.96 million2017Serial4%112.244
$2.04 million2018Serial4%113.906
$2.11 million2019Serial3%108.817
$2,175,0002020Serial3%108.325
$2,255,0002021Serial4%114.367
$2,345,0002022Serial4%114.079
$2.44 million2023Serial4%113.499
$2.54 million2024Serial4%112.445
$2,645,0002025Serial4%111.028
$2.75 million2026Serial4%109.631
$2,865,0002027Serial4%108.711
$2.98 million2028Serial4%107.982
$3,105,0002029Serial4%107.348
$3.23 million2030Serial4%106.451
$3.36 million2031Serial4%106.006
$3.5 million2032Serial4%105.562
$3.64 million2033Serial4%105.121

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